Albany, NY Tony Sabatino of Howard Hanna Commercial Real Estate was honored as the 2018 Commercial Broker of the Year during the Saratoga Hall of Springs awards night, held March 28th 2018.
Sabatino topped all commercial brokers in his company with total sales volume over $13 million in sales. He has won this award 21 out of 30 years.
Sabatino has been a commercial broker for 30 years, with the same company.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,